QuantorityBitcoin Advocates Oppose BIP-110 Ordinals Enhancement Proposal
Prominent Bitcoin figures have voiced opposition to a proposed protocol change related to Ordinals functionality.
BTC
Bitcoin industry veterans Michael Saylor and Adam Back have publicly rejected a proposal known as BIP-110 that would modify how Ordinals operate on the network, according to Cointelegraph.
The objections from both figures represent the latest clash in a contentious debate surrounding Ordinals—a protocol layer that enables the creation and transfer of digital artifacts on Bitcoin. The two advocates, known for their bullish stance on Bitcoin's core value proposition, have positioned themselves against the proposed enhancement.
The timing of this opposition coincides with a period of reduced activity in the Ordinals ecosystem. Transaction volume related to the Ordinals protocol has declined substantially over the past two years, even as the broader discussion about its place within Bitcoin's infrastructure continues.
The disagreement highlights the ongoing tension between those who favor expanded functionality on Bitcoin and those who prioritize alternative approaches or oppose modifications they view as contrary to the network's original design principles. BIP proposals represent formal mechanisms through which developers can suggest changes to Bitcoin's consensus rules or functionality.
For further details on this development and the technical specifics of BIP-110, readers can consult the full report at Cointelegraph.
*Source: [Cointelegraph](https://cointelegraph.com/news/bitcoin-leaders-michael-saylor-and-adam-back-rebuff-bip-110-proposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound). Summary by Quantority.*
Funding-spike and liquidation-cascade alerts the moment they fire, plus unlimited history and a REST API.
See what's in Pro→How to read this
| Funding APR | Annualized, OI-weighted funding. Positive = longs pay shorts (crowded longs). |
| Percentile 90d | Where current funding sits within the coin's own last 90 days (0–100). |
| Open interest | Total USD value of outstanding perpetual contracts. |
| OI change 24h / 7d | How fast leverage is entering (+) or unwinding (−) over the period. |
| Liquidation skew | Imbalance of forced closures (−1…1): + = more longs liquidated, − = more shorts. |
| Leverage risk | 0–100 composite of funding extremity, OI momentum, liquidations and volatility. |
Read next
BTC
Bitcoin BIP 110 proposal faces deadline with no miner backing
A contentious proposal to limit data storage on Bitcoin is approaching its activation window despite receiving zero support from miners.
BTC
Bitcoin Treasury Firm Empery Digital Divests Half Its Holdings
Empery Digital has liquidated approximately 50% of its bitcoin reserves as the company shifts strategic focus toward artificial intelligence infrastructure.
BTC
Empery Digital stock gains after Bitcoin sale for AI data center
The company liquidated its Bitcoin holdings to finance a shift toward artificial intelligence infrastructure development.
Diego covers crypto derivatives markets for Quantority, reporting on liquidation cascades, exchange volume shifts and funding-rate moves. He writes descriptively and avoids price predictions.
Stretched markets, building leverage and the research worth reading — one short email.
Every figure here is read directly from Quantority's cross-exchange data. This is descriptive market analysis — a read on positioning, not a forecast, and not financial advice.